News
Towergate swoops for Henderson broker boss
Henderson Insurance Brokers' former group broking director is to join Towergate Risk Solutions' Leeds operation in March.
Buffett buys Munich stake
Berkshire Hathaway's Warren Buffett has added a stake in Munich Re to his insurance holdings, boosting the company's shares as Post went to press on Tuesday.
Auger takes pain from drains
Drainage company Auger has launched a new 10-year warranty scheme in conjunction with Liberty Insurance.
Scots take English referrals
A Scottish claims management company has seen a 40% increase in personal injury claim referrals from English firms as a result of a proliferation of television advertising by personal injury firms, according to its managing director.
London market throws off "macho" resistance tag
The London market is on track to manage the "vast majority" of its claims electronically by 2011 despite persistent resistance to change within the sector, London Market Group chairman Barnabas Hurst-Bannister has claimed.
FSA finds leaky flood cover
The Financial Services Authority has warned that general insurers may not be treating customers fairly when communicating policy terms on flood cover.
Lit Comp gears up for expansion after sale
After-the-event insurance provider Lit Comp has been taken over, following a successful £5.48m bid by investment company Maven Capital Partners.
QBE to moderate 2010 growth plan
The managing director of QBE's property division has admittted it will "cut back its ambitions" for immediate growth as a result of the benign rating environment but that the end game is still to have a 10% market share by 2015.
Ignition looks to double clients
Ignition has outlined plans to double its number of broker clients in 2010 to stop the company operating at a loss.
HBA moves into recycling
Lloyd's of London broker HBA Insurance has made a move into the recycling industry, following the launch of Recyclesure.
FSA warns brokers of "intrusive" supervision
The Financial Services Authority has made the handling of client money its "number one" target in its supervision of insurance brokers in 2010, according to the British Insurance Brokers' Association.
Axa strikes personal injury first with CEDR
Axa Insurance has become the first insurer to sign up to the Centre for Effective Dispute Resolution's personal injury service.
DAS to cut temporary staff after £10m loss
DAS has agreed a new call centre technology deal which could save the company almost £3.5m over the next two years — just weeks after revealing £10m losses for 2009.
Post Video Interview: Brokers impress Scott on professionalism
Brokers have a key role in helping to rebuild trust and confidence in the property and casualty market, according to the chief executive of the Chartered Insurance Institute.
Asbestos claims to cost insurers £11bn by 2010
The estimated future cost of UK asbestos-related insurance claims has almost doubled between 2004 and 2008, according to new actuarial analysis.